An Accountant is one who analyzes financial information and prepares financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
Depending on his job specification he may be called: Accountant, Certified Public Accountant (CPA), Staff Accountant, Accounting Manager, Cost Accountant, General Accountant, Accounting Officer, Business Analyst, Accounting Supervisor, Financial Reporting Accountant.
This Occupation May Require: (Commercial Foundation); Degree in Accounting; Master’s Degree; Professional Certification
Tasks, Duties, Responsibilities
- Prepares, examines, or analyzes accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
- Reports to management regarding the finances of establishment.
- Establishes tables of accounts and assign entries to proper accounts.
- Develops, implements, modifies, and document recordkeeping and accounting systems, making use of current computer technology.
- Computes taxes owed and prepare tax returns, ensuring compliance with payment, reporting or other tax requirements.
- Maintains or examines the records of government agencies.
- Advises clients in areas such as compensation, employee health care benefits, the design of accounting or data processing systems, or long-range tax or estate plans.
- Develops, maintains, and analyzes budgets, preparing periodic reports that compare budgeted costs to actual costs.
- Provides internal and external auditing services for businesses or individuals.
- Analyzes business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses or to provide advice.
Tools: Computer, Calculator or accessories, Facsimile machine, Photocopier, Scanner
Technology: Accounting software, Compliance software, Enterprise resource planning ERP software, Financial analysis software, Tax preparation software